Learn something new everyday! The 500 is Super Saiyan 3, not quite 4. There’s no way I could give it back. 😎

 

This might be one of them. If it's an IS500 with reasonable miles, a clean title (no funny business because they are out there), one owner, no major blemishes, etc. then getting into garaged or not, type of use, all things that you know because it's yours now. Here's one example on the used market. If you owe $27k in a year and a half, based on this, you could theoretically buy the car out and sell it private party, then pocket some cash. Specialty vehicles on leases are not the same. An IS350 residual is likely going to be higher than market value, but we are not talking about an IS350.

 

Another scenario is a lease written pre-COVID, say 2019. When the lease came due in 2022, the market value for most cars was considerably higher than the residual. But it off the lease and sell it for a profit. This happened to me.

Another is if you like to be in a new car every 3 years. You are probably better off with leasing it.

I'd also lease a German high performance car. Assuming you don't want to own it after the warranty expires.